BPT 2.80% $1.10 beach energy limited

Ann: Quarterly report for the period ended 30 September 2021, page-62

  1. 2,851 Posts.
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    BW
    "BPT doesn't rely solely on the western flank alone or is it that's how you see it which would be a bit of a problem don't you think!?"
    "Keep it real bigal otherwise there is no point posting".

    Those comments were designed to suggest I have no idea what I am talking about.

    Regarding "the western flank is still being developed"
    That's stretching the truth somewhat, they are spending only 15% of CAPEX in 2021/22 on the Western flank and part of that is sustaining CAPEX and so the actual number of new wells drilled will be minimal and they have clearly stated that these will reduce the decline rate and not have a net increase on flow rates.

    Its very clear that the company will be focusing on mainly on gas development and I have been saying that new gas exploration will replace the declining oil production.

    The reason I have a problem with your posts are that you are often very insulting to people in a very sarcastic way and most of your posts lack any real substance.
    If there was a competition to see who was the most blatant ramper on the BPT forum you would win it hands down.

    I try and keep all my posts fair and balanced and I also try and show other posters a bit of respect (until they start attacking me like you normally do).
    You would do well to try and do the same.
 
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